Word: first
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Dates: during 1960-1960
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General Electric Chairman Ralph Cordiner demonstrated his confidence in the future by announcing that G.E. plans to "continue and in some areas to increase'' its capital spending in 1961 despite an expected cut in sales and earnings in 1960's last quarter and 1961's first quarter. While G.E.'s earnings have been pinched by price-cutting caused by heavy foreign and U.S. competition, Cordiner believes that price cuts "have about run their course," and that the electrical equipment industry is due for a "leveling off, or gradually higher prices...
...most important question, however, is how DeGaulle plans to make peace in the first place. The French president, he pointed out, has not been able to come to any agreement with the FLN up to this time. He has demanded a cease-fire before negotiations can begin, but the FLN has not agreed to stop fighting merely on the promise...
...made clear the near futility of the coming referendum. On Jan. 8, the French and Algerians will vote for either independence, association with French rule, or integration into the French republic. But these issues, he said, are the same as those that brought De Gaulle to power in the first place. Thus he is now merely trying to do what the Fourth Republic couldn't do during the crisis...
Coach Bill Brooks' boys held the Bruins to one first place, a 3:26.7 victory over varsity third-stringers in the 400 froeestyle relay...
...four mainstays who swam more than once, Bob Kaufmann took a competent :22.4 first in the 50 free and an easygoing 2:14.5 in the backstroke. Captain Bill Schellstede, who helped out in the medley relay, won 200 breastroke honors by close to three quarters...